GDT: Increase in SMP and Butter global prices raise hopes in India
Good news for farmers in the latest Global Dairy Trade auction, held overnight, with a 4.2 per cent increase across the board. This is the third positive event of the 2024 calendar…
Congress passed the Whole Milk for Healthy Kids Act of 2023
The Agriculture Department again lowered its milk production forecasts for 2023 and 2024 in the latest World Agriculture Supply and Demand Estimates report. The 2023 forecast was reduced from last…
From Butter to BioCNG: Amul marketer gets future ready
Amul doesn’t want to remain merely a part of the white revolution but aims to be an active participant in India’s go green story. After tasting success with its BioCNG…
Reasons to believe dairy prices could move lower in the near term
September milk production was down 0.2% from a year ago and September’s Dairy Products report shows that milk was directed to the churn. StoneX says there was more fat and…
Dairy prices take a breather
While the key whole milk powder prices dipped 2.7%, five other products on Global Dairy Trade (GDT) auction recorded price rises. Lactose prices spiked over 19%, while skim milk powder,…
Time May be Running Out for a Milk Price Rally
There was a period two weeks ago during which milk prices looked promising heading through the month of October. However, the rally stopped abruptly with underlying cash prices turning lower.…
Aavin hikes ghee, butter prices
Aavin, on Thursday, September 14, 2023, effected an increase in prices of ghee and butter, which are popular products from its stable. While ghee comes in 14 different packs and…
Butter and milk powder mix sold as ‘milk’ to Aavin, one suspended
People who don’t have cows have been selling ‘milk’ to cooperative societies by mixing butter with milk powder, that too with the help of some insiders. In the latest instance, Aavin has suspended a driver…
Global Dairy Trade Event concluded with the Price Index up 2.7%
Dairy prices have risen in the Global Dairy Trade auction for the first time in four months. The average price increased 2.7 percent to US$2888 per tonne after hitting a…
Taste of Life: The ‘butter’sweet tale of Poona dairy farm
Butter needed for the coffee shops and regimental messes in the cantonment would be bought from a Parsee dairy in Bombay, before the government dairy farm was set up in…